Posts Tagged smartphones
We feel honoured to see that North American websites are relaying on the technological developments and innovations made by Latin American start-ups. We have previously stated in our blog that LatAm still holds hope for many sectors, for many years to come.
We still believe that Latin America is a wonderful platform to create new ventures, an amazing growing market with enormous potential, and a warm and welcoming business people. You just have to find the right ones.
Let us enjoy this ‘top 10’ of future start-ups, we will include new ones in the weeks to come. -FTR
As a new year begins, here comes the time to refresh our list of the most promising Latin American startups. It’s worth noting that this isn’t about who is going to IPO next, as we decided to limit ourselves to somewhat early stage names.
While they are still in their first years of existence, most of them have graduated from one of the region’s leading accelerators, which helped them get funding from international investors to finance their growth.
Check out our list of 10 startups to look out for below, in alphabetical order:
Agent Piggy is a financial education platform for kids, which hopes to teach them how to manage a budget in an entertaining way. Already available in Spanish and English, it launched its Portuguese version at TNW Conference Latin America in Brazil last August.
Earlier this year, it was also the winner of TNW Startup Awards’ Chilean edition. It has participated in acceleration programs at Founder Institute,Start-Up Chile and Wayra, which selected it as one of the companies it introduced to international investors during its Global Demo Day in Miami last month.
Bandtastic is a crowdfunding platform for concerts and digital tickets. In practical terms, people pick a band they would like to see live and they all bring it together, creating opportunities to finance music shows that wouldn’t have happened with more traditional models.
‘Latin American Fandango’ Cinepapayafocuses on selling movie tickets, and already boasts a presence in Peru, Colombia and Chile. More importantly, it has secured funding from Dave McClure’s 500 Startups to finance its regional expansion.
Cinepapaya’s team participated in TNW Conference’s Startup Battle in São Paulo last August, and made it to second place. It also took part in Start-Up Chile, and is one of the most promising alumni of Wayra Peru (see our previous article about the program and its impact on the Peruvian tech scene.)
A few weeks ago, we also learned that ComparaOnline’s CEO Sebastian Valin would be joining the Endeavor Network. As you may know, Endeavor’s focus is to foster growth by supporting high-impact entrepreneurs in emerging countries, and the fact that it its global selection panel selected ComparaOnline confirms that the company is definitely a name to watch in 2013.
We have recently labelled Chilean startupCumplo as “one of the most groundbreaking startups in Latin America.” Its purpose?Democratizing finance through P2P lending. By mid-December 2012, over $1 million had been distributed via its platform.
While its model went under administrative scrutiny, it has the right team to overcome these hurdles; its co-founders Nicolas Shea is the founder of Start-Up Chile, of which Boudeguer was the executive director before he left to create Cumplo.
Runner-up: Lenddo, which currently operates in the Philippines and Colombia, and grants loans based on community trust.
Brazilian e-learning startupDescomplica has recentlyclosed an investment roundfrom Peter Thiel’s Valar Ventures, Brazil-focused Valor Capital Group and EL Area, 500 Startups, and Palo Alto-based Social+Capital Partnership.
In other words, it is well placed to surf on the online education boom in Latin America, and more specifically in Brazil, where it helps students prepare for major entrance examinations.
Ideame is Latin America’s Kickstarter, and added many twists to the original crowdfunding model to make sure it could succeed in its home region. For instance, it has recently introduced a new funding method which is similar to Indiegogo’s Flexible Funding option, in which projects can get access to contributions even if they don’t reach 100% of their original goal.
As we reported, Ideame participated in NXTP Labs’ acceleration program, and won TNW Startup Awards Argentina. It has recently acquired its Brazilian counterpart Movere to boost its growth in that country.
Earlier this year, its mobile payment solution attracted the attention of Intel Capital, which selected Pagpop as one of the ten companies in which it is investing a total of $40 million.
Workana is an online marketplace for freelancers, with headquarters in Argentina and a focus on Latin America. It is currently available in Spanish, Portuguese and English.
Wormhole IT is an Argentine web conference platform that has recently been selected to join the Endeavor Network. During TNW Conference Latin America, it announced that it had partnered with phone operatorVivo to offer its solutions to more than one million SMBs in Brazil.
As we explained at the time, “the platform can be used for web meetingsà la Skype, but also for training sessions and events. One of its key characteristics is its simple interface, which doesn’t require any download and is compatible with slow Internet connections.”
Image credit: Thinkstock
I’m an optimist, I believe people are smart. And some people want to share more data than some other people do. Ask them. Ask them every time. Make them tell you to stop asking them if they get tired of you asking them. Let them know precisely what you’re going to do with their data. That’s what we think. (Steve Jobs, D8 Conference, June 1, 2010).
In order to give the big picture, it must be said that not only the iPhone is tracking the moves of its users, but Windows phones do it too, and Android phones as well, with a couple of particularities.
In short, phones store users’ location data in hidden files. The concern was centered on the reason why this data was being retrieved, and its ultimate use. Apparently, in order to make GPS and location services work faster, the phone would use the location data stored in the phone in previous sessions following information from cell towers. Thus, the device will use this information to get a rough estimate of its location until more real-time data is available.
The key factor in this situation is time. In the case of the Android phones, after 12 hours (for cellular data) or 48 hours (for Wi-Fi data) the information is erased and replaced by new locations. This implies around 50 entries, whereas the Apple device would store around 13,000 data entries.
It is important that some other opinions are heard. An interesting analysis has been made by A. Hesseldahl on the practical implications of the phenomenon of location and tracking position data retrieval.
Some developers and specialists (Gruber on Ihnatko) have stated that the only problem Apple would be facing is the amount of data the device is storing, as there would not be a need to keep such a long log of locations in order to facilitate the speed of certain applications. Another issue is if the data is being diverted to third parties, which, so far, has not yet been answered.
On a different note, we must remember that lately users have been quite keen on sharing locations through applications (Latitude, Facebook places, Foursquare). Nevertheless, these recent developments show that consumers are somewhat concerned (52-59%) about apps and their privacy.
It is possible that this controversy will be solved by correcting this bug via an update of iOS (Apple) and the rest of the mobile devices’ operative systems. What can be considered a milestone for all of this controversy is the fact that users have shown concern on knowing how smartphones handle their personal information.
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